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Could the Boeing Stock Price Drop After This Major Supplier Split? (NYSE: BA)

boeing stock price

The Boeing stock price is down .4% since the company canceled its contract with GKN Plc. on Tuesday, Nov. 10.

The design of the Boeing 737 Max will have to completely change while Boeing still tries to stick to a 2017 release date.

Should investors panic over a delayed release? Read on to find out what you really need to know about the health of Boeing and the Boeing stock price...

Why the Boeing Stock Price Is Higher Today (NYSE: BA)

Boeing stock price

The Boeing stock price traded up 2.4% to $142.15 today (Wednesday) after the company reported better than expected fiscal Q3 results and an optimistic full-year outlook.

Amid record deliveries of commercial planes, Boeing Co. (NYSE: BA) earned $1.11 billion, or $1.59 per share, in the quarter. Revenue jumped 9% to $25.8 billion.

But those earnings figures aren't the only reasons the Boeing stock price is climbing today...